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Topic: why some ICOs Block investors from USA? - page 2. (Read 348 times)

full member
Activity: 946
Merit: 105
December 24, 2017, 05:58:40 AM
#11
They generally do it to stay away from dealing with the american authorities.
But still people from US are investing in ICO at their own risk.
full member
Activity: 434
Merit: 103
Thinking on the higher plane of existence.
December 24, 2017, 05:48:22 AM
#10
Because there are some scammers around in the cryptoworld and the US wants to protect their citizens from them. I think these regulations are good.
Does it mean that if the ICO prohobits citizen in US it is a scam? I dont think. Maybe there are rules that a certain ICO cannot comply but not a total scam.
full member
Activity: 392
Merit: 105
Vena.Network
December 24, 2017, 05:44:55 AM
#9
Many ICOs, thus, have  a choice: either comply with these strict regulation and only allow accredited investors to participate, or open the ICO to everyone except those from US, China, and Singapore.

ICO is very close to crowdfunding, you know. And almost all ICO projects are startups. We know that not many startups becomes a big thing like Google, FaceBook, like Apple for example and etc. So there is a big probability of fuckup. And in that case, if the project overtook the fiasco, team is commited to refund money to investors from the above-mentioned countries. Who want this hemorrhoids?
sr. member
Activity: 521
Merit: 256
December 21, 2017, 10:33:43 AM
#8
Many ICOs, thus, have  a choice: either comply with these strict regulation and only allow accredited investors to participate, or open the ICO to everyone except those from US, China, and Singapore.

You should go thank your government for that. They know much better than you what you should and shouldn't do with your money and they decided that ICOs are too risky for you. Soon they will decide that cryptos are also too risky for you and you're f**ked. Only "certified investors" i.e. the bankers are allowed to get profits from the newly emerging tech and startups.
sr. member
Activity: 574
Merit: 250
December 21, 2017, 10:26:34 AM
#7
Many ICOs, thus, have  a choice: either comply with these strict regulation and only allow accredited investors to participate, or open the ICO to everyone except those from US, China, and Singapore.
SEC tried to consider ico as security and high risk potential investment for their investors. That's why majority of icos are not accepted the ico participant from US. China and singapore has similar case with it.
All of them are consideing about ico just security token to the investors.
member
Activity: 224
Merit: 11
December 21, 2017, 10:16:08 AM
#6
Because SEC is seeing cryptocurrency as a big threat to the country's economy thats why they want to regulate the ICOs to investment scams.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
December 21, 2017, 09:35:54 AM
#5
soon all ico tokens and projects will be under pressure to stop
full member
Activity: 162
Merit: 100
December 21, 2017, 09:32:16 AM
#4
It is due to the SEC regulations of the US.

They are only stopping them because those countries have some regulations that go against ICO's.
member
Activity: 210
Merit: 10
December 21, 2017, 08:54:26 AM
#3
Because of the ban on ICO in both the U.S. and China, almost all of the ICO programs prohibit people from participating in these areas.
member
Activity: 566
Merit: 10
December 21, 2017, 08:17:08 AM
#2
Many ICOs, thus, have  a choice: either comply with these strict regulation and only allow accredited investors to participate, or open the ICO to everyone except those from US, China, and Singapore.
This is due to regulations of the concerned authorities of this countries. They are strict rules which ico that doesn't want to land in trouble will avoid to go against.
member
Activity: 238
Merit: 10
December 20, 2017, 11:11:19 PM
#1
Many ICOs, thus, have  a choice: either comply with these strict regulation and only allow accredited investors to participate, or open the ICO to everyone except those from US, China, and Singapore.
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